Teuton Resources Corp V.TUO

Seen this before

[NineLives]

This company might just have a target on its back. Natural assumption is low share count means it's tough to buy. Not so. The longer it stays at a lower price the more eager shareholders will be to take (what some may consider to be) low ball offers.

False sense of security, happened to me a few times over many years. And in todays market nothing is safe. Unless you know you can control at least 60% of the outstanding shares then watch out. Potential buyers can play a very long game and this stock is very easy to hold down. Remember, it's the 30 day or 60 day avg that buy out bids are based on.

Just saying.

[Goldylux777]

The price is about to turn higher.  The right shoulder of the head and shoulder bottom is now complete.

[CaptainE]

Unless I'm mistaking what you're saying, the head and shoulder is a bearish formation. It's the reverse/inverse head and shoulder that is bullish. Either way these three 'amigos' need a major catalyst because they stiiiink. I own all three for what that's worth. The Amk deal would be a catalyst if the money was in escrow. All I got is hope. 

[Goldylux777]

Nope it is a reverse head and shoulders bottom.   The head is at .91.    A bullish reversal pattern.

[Goldylux777]

.91 Nov 20, 2023 is the head.

[NineLives]

I wouldn't even bother charting stocks under $2 in this sector and even there there would have to be certain requirements.  Example: If an investor were to dump 500k shares then this stock would rapidly hit 70 cents and Captain would be correct. Conversely, if investors were to buy 500k shares then the stock would quickly take out $1.20 and you would be right. A stock needs regular high